Allegro MicroSystems, Inc. (ALGM) Presents at 53rd Annual Nasdaq Investor Conference Transcript
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SA Transcripts157.29K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Allegro MicroSystems, Inc. (ALGM) 53rd Annual Nasdaq Investor Conference December 10, 2025 10:00 AM EST Company Participants Derek D'Antilio - Executive VP, CFO & TreasurerMark Gill Conference Call Participants Joseph Moore - Morgan Stanley, Research Division Presentation Joseph MooreMorgan Stanley, Research Division All right. Welcome back, everybody. I'm Joe Moore from Morgan Stanley Semiconductor Research. Very happy to have with us today the management team of Allegro MicroSystems. We have Derek D'Antilio, CFO; and Mark Gill, VP of Corporate Strategy. Thank you guys for coming. Derek D'AntilioExecutive VP, CFO & Treasurer Welcome. Question-and-Answer Session Joseph MooreMorgan Stanley, Research Division So maybe you could just talk -- start off with a little bit of an overview. You had a CEO change. You've had a good 2025. Can you just talk about what stands out? What's most different about how Allegro is operating versus where you were a year ago? Derek D'AntilioExecutive VP, CFO & Treasurer Sure. We had a strong stretch of years from the time we went public from 2020, we just celebrated our fifth anniversary of being a public company last month, and thank you, NASDAQ for letting us ring the bell again there. So it was exactly 5 years ago in October. We had a very strong stretch with the automotive up cycle coming out of COVID. And automotive has continued to be fairly robust and grow the last several years. But what happened was there was a pretty significant inventory correction in automotive, which is a bit unusual because automakers and Tier 1s don't typically -- Tier 1s, especially don't typically carry a lot of inventory. Well, they did do that starting in 2022 because they were getting incentives from OEMs. Interest rates are the lowest they've been in 100 years. And what happened beginning in the December quarter of 2023, we recognized Recommended For You